Petro-Canada $29 – Toronto symbol PCA

Petro-Canada $29 – Toronto symbol PCA

PETRO-CANADA was acquired by rival Suncor Energy Inc. (Toronto symbol SU) in August 2009.

Under the terms of the deal, Petro-Canada shareholders received 1.28 common shares of Suncor for each share they held, while Suncor investors got one share of the new company for each Suncor… Read More

Imperial exits two projects

IMPERIAL OIL $34.75 (Toronto symbol IMO; Shares outstanding: 837.6 million; Market cap: $29.3 billion; TSINetwork Rating: Average; Dividend yield: 1.8%; www.imperialoil.ca) is Canada’s second-largest publicly traded oil company, after Suncor.

Due to the lack of terminals available to export liquefied natural gas from B.C. to Asia,… Read More

Imperial cancels gas projects

IMPERIAL OIL LTD. $36 (Toronto symbol IMO; Conservative Growth and Income Portfolios, Shares outstanding: 831.2 million; Market cap: $29.9 billion; Price-to-sales ratio: 1.0; Divd. yield: 1.8%; TSINetwork Rating: Average; www.imperialoil. ca) is Canada’s third-largest publicly traded oil company, after Suncor (No. 1) and Canadian Natural… Read More

Imperial focuses on costs

IMPERIAL OIL $38.67 (Toronto symbol IMO; Shares outstanding: 837.6 million; Market cap: $31.8 billion; TSINetwork Rating: Average; Dividend yield: 1.7%; www.imperialoil.ca) is Canada’s second-largest publicly traded oil company, after Suncor. ExxonMobil (New York symbol OM) owns 69.6% of Imperial.

Over the next two years, the company… Read More